I am looking at applying for a Direct PLUS Loan for Parents through the FSA, can you give me some help with the process?
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Do you know all the features and benefits of the Direct PLUS Loan for parents?
No, I'm not fully aware of all the features, is this something that you could help me with?
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Are you aware of the process that is involved with applying for a Direct PLUS Loan?
I think I am, but could you go through it with me to ensure that I am fully up to speed with the process?
To start, you need to log in to the website with your own login credentials
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Through the Direct PLUS Loan for parents, do I get the funding paid directly to me or does it go to the student?
You can designate where the funds go to, either to yourself or to the student, it depends on yourself
What can I do with the proceeds of the Direct PLUS Loan once it is approved?
This loan allows you to authorize your school to use the funds of the loan to pay for any other charges that arise and are related to your child's education. This is after tuition, fees and room and board have been paid
And do I have to authorize my school to do this?
No, you are not required to authorize your school to do this
